Contract_of_Sale(国际贸易_销售合同_英文).pptVIP

Remedies for breach of contract by the buyer To avoid the above-mentioned potential breach of contract and subsequent troubles and difficulties, both the seller and the buyer thus strongly demand a complete and very detailed sales contract in written form, stipulating their specific obligations, binding their performances, and providing contingent alternatives for the potential breach of contract. Contents ICC Model International Sales Contract Part A. Specific Conditions Part B. General Conditions China’s Export Contract Model Typically, a written sales contract in China contains three parts of contents: preamble/heading, body, and witness. (1) Preamble/Heading The heading part of a contract mainly introduces essentials of the contract itself, covering: ? Name of contract ? Reference Number of contract ? Place of contract being signed ? Date of contract being signed ? Name and address of the seller and its contact person (if any) ? Name and address of the buyer and its contact person (if any) China’s Export Contract Model (2) Body The body is the most important part of a contract, usually contains the following terms and conditions: ? Name of the Commodity/Goods Descriptions ? Quantity ? Price or Trade Term ? Quality of Goods ? Packing ? Payment ? Shipment ? Commodity inspection ? Insurance ? Claim ? Dispute Settlement/Breach Clause ? Force Majeure According to the UNCISG, price, quality and quantity of goods, time and place of delivery, and payment are essential or indispensable for a contract to take force. China’s Export Contract Model (3) Witness The witness, constituting the ending part of a contract, usually states languages used in the contract and their effects, number of the original contract and copies, the enclosures and their legal force seal and / or signatures of legal representative or agent. Lecture 1 Contract of Sale Structure Definition Functions Governing Laws and Usual Practices Types Formation of Contract Breach of Contract Contents Def